City

Wake Forest, NC

2 ZIP codes  ·  Wake County  ·  North Carolina

👥81,902Population
💰$125,607Median HH Income▲ 65% above avg
🎂40.8Median Age
🏠$452,400Median Home Value▲ 62% above avg
🎓66.7%College Grads▲ 72% above avg
📊3.9%Unemployment▼ 21% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.5% Female 51.5% ♀

Race & Ethnicity

White: 69.4%Hispanic: 7.6%Black: 16%Asian: 2.4%Other: 3.9%Race
White69.4%
Hispanic7.6%
Black16.0%
Asian2.4%
Other3.9%

Age Breakdown

Under 5
6%
5–17
20%
18–24
6%
25–44
25%
45–64
29%
65+
6%

Key Indicators

Median Age40.8 yrs
Avg HH Size2.77
Below Poverty4.3% ▼ 57% below avg
College Grads66.7% ▲ 72% above avg
Unemployment3.9% ▼ 21% below avg
No HS Diploma338 (0.6%)
HS Graduate7,013 (13.2%)
Some College4,455 (8.4%)
Associates5,830 (11%)
Bachelors5,118 (9.7%)
Graduate Degree30,224 (57.1%)

Education

No HS: 0.6%HS Grad: 13.2%Some College: 8.4%Associates: 11%Bachelors: 9.7%Graduate: 57.1%Edu
No HS0.6%
HS Grad13.2%
Some College8.4%
Associates11.0%
Bachelors9.7%
Graduate57.1%
Housing & Income

Housing Tenure

Owner: 81.1%Renter: 19%Tenure
Owner81.1%
Renter19.0%

Home Value Distribution

Under $50k
2%
$50k–$100k
1%
$100k–$150k
1%
$150k–$200k
3%
$200k–$300k
12%
$300k–$500k
40%
Over $500k
39%

Financials

Median HH Income$125,607 ▲ 65% above avg
Median Home Value$452,400 ▲ 62% above avg
Home/Income Ratio3.6x (nat avg ~3.5x)
Median Rent$1,415/mo
Total Housing Units30,571
Vacant Units1,372

Income Distribution

Under $25k
8%
$25k–$50k
7%
$50k–$75k
13%
$75k–$100k
10%
$100k–$150k
19%
$150k–$200k
16%
Over $200k
27%
Employment & Commute

How People Get to Work

Drove Alone
71%
Public Transit
0%
Walked
1%
Work From Home
29%

Commute Time

Under 15 min
17%
15–30 min
28%
30–45 min
31%
Over 45 min
24%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
2%
1960s–1970s
6%
1980s–1990s
25%
2000+
67%
About Wake Forest, NC

Wake Forest is a city in North Carolina, located in Wake County. The city spans 2 ZIP codes and is home to approximately 81,902 residents. It is a middle-aged city, with a median age of 40.8 years.

Economically, Wake Forest is a upper-middle-income community. The median household income of $125,607 is significantly above the national average. Approximately 4.3% of residents live below the poverty line. The unemployment rate is 3.9%, below the national average.

The real estate market in Wake Forest is a premium housing market. Median home values stand at $452,400, which is significantly above the national average. Renters typically pay around $1,415 per month. Homeownership is high at 81.1%, typical of suburban and family-oriented communities.

The population of Wake Forest is highly educated. 66.7% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (69.44%).

Wake Forest, NC offers residents above-average earning potential within North Carolina. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Wake Forest
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
27587 81,902 $125,607 $452,400 $1,415 3.9% 66.7% 81.1%